Alphalogic Industries (BOM:543937) Altman Z-Score: 15.65 (As of Aug. 08, 2026) — 17% Below Median

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BOM:543937 Alphalogic Industries Ltd BOM:543937
91 GF Score
Price ₹147.00
GF Value ₹178.13
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Alphalogic Industries Altman Z-Score?

Alphalogic Industries BOM:543937 91 Altman Z-Score is 15.65 as of Aug. 08, 2026, which is 17% below its 10-year median of 18.84. GuruFocus rates BOM:543937 with a GF Score™ of 91/100 and a GF Value™ of ₹178.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Alphalogic Industries ranks better than 96.5% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 16.37 is strong.

Alphalogic Industries has a Altman Z-Score of 15.65, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Alphalogic Industries's Altman Z-Score or its related term are showing as below:

BOM:543937' s Altman Z-Score Range Over the Past 10 Years
Min: 16.37   Med: 18.84   Max: 19.98
Current: 16.37

During the past 6 years, Alphalogic Industries's highest Altman Z-Score was 19.98. The lowest was 16.37. And the median was 18.84.


Alphalogic Industries  (BOM:543937) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Alphalogic Industries Altman Z-Score Related Terms


Alphalogic Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Alphalogic Industries's Altman Z-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alphalogic Industries Altman Z-Score Chart

Alphalogic Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 19.98 18.84 18.50

Alphalogic Industries Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.98 0.00 18.84 0.00 18.50

BOM:543937 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Alphalogic Industries's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alphalogic Industries Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alphalogic Industries's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Alphalogic Industries's Altman Z-Score falls into.


BOM:543937
91GF Score
Alphalogic Industries Ltd BOM:543937
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Alphalogic Industries Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Alphalogic Industries's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.5003+1.4*0+3.3*0.2111+0.6*21.807+1.0*1.2698
=15.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹355.0 Mil.
Total Current Assets was ₹244.3 Mil.
Total Current Liabilities was ₹66.7 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹72.1 Mil.
Interest Expense was ₹-2.9 Mil.
Revenue was ₹450.8 Mil.
Market Cap (Today) was ₹1,497.8 Mil.
Total Liabilities was ₹68.7 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(244.268 - 66.666)/354.987
=0.5003

X2=Retained Earnings/Total Assets
=0/354.987
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(72.08 - -2.858)/354.987
=0.2111

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1497.812/68.685
=21.807

X5=Revenue/Total Assets
=450.764/354.987
=1.2698

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Alphalogic Industries has a Altman Z-Score of 15.65 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 15.65 mean?
Alphalogic Industries (BOM:543937) has a Altman Z-Score of 15.65 as of Aug. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alphalogic Industries and its competitors. This is 17% below median its historical median of 18.84. Over the past decade, Alphalogic Industries' Altman Z-Score has ranged from 16.37 to 19.98. According to the industry distribution chart, Alphalogic Industries ranks #15 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 3.5%.
Is Alphalogic Industries' Altman Z-Score too high?
Alphalogic Industries' current Altman Z-Score of 15.65 is 17% below median its 10-year median of 18.84. Over the past 10 years, this metric has ranged from a low of 16.37 to a high of 19.98. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.77. Alphalogic Industries' value of 15.65 is 465% above this industry median. Based on the distribution chart, Alphalogic Industries ranks #15 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Alphalogic Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphalogic Industries' Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Alphalogic Industries ranks #15 out of 429 companies for Altman Z-Score. This places Alphalogic Industries in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.77. Alphalogic Industries' value of 15.65 is 465% above this benchmark. Historically, Alphalogic Industries' own Altman Z-Score has ranged from 16.37 to 19.98 over the past decade. While the company's 10-year median is 18.84 vs. the industry median of 2.77, Alphalogic Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.77, based on 429 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alphalogic Industries's current Altman Z-Score of 15.65 is 465% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alphalogic Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alphalogic Industries's current Altman Z-Score is 15.65, which is 17% below median its own 10-year median of 18.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphalogic Industries stock overvalued right now?
Based on GuruFocus' analysis, Alphalogic Industries (BOM:543937) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹178.13, compared to a current price of ₹147.00 — trading 17.5% below its estimated fair value. The current Altman Z-Score is 15.65, which is 17% below median its 10-year median of 18.84 and 465% above the Furnishings, Fixtures & Appliances industry median of 2.77. Alphalogic Industries' overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Alphalogic Industries (BOM:543937), the current Altman Z-Score is 15.65 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alphalogic Industries (BOM:543937) Overvalued in 2026?

Based on GuruFocus' analysis, Alphalogic Industries stock appears to be undervalued. The current stock price of ₹147.00 is trading 17.5% below its estimated GF Value™ of ₹178.13. GuruFocus considers Alphalogic Industries to be Modestly Undervalued.

Key valuation signals for BOM:543937:

  • Altman Z-Score: 15.65 (17% below median its 10-year median of 18.84)
  • GF Value™: ₹178.13 vs. price of ₹147.00 (17.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 465% above the Furnishings, Fixtures & Appliances median (#15 of 429)

No single metric tells the full story. See the BOM:543937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alphalogic Industries Business Description

Address Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019
Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in designing and delivering storage solutions for the automobile industry, libraries, food industry, logistics companies, engineering companies, pharmaceutical organizations, educational institutes, IT companies, and others. Its projects are Mobile Compactor System, Selective Racking System, Live Pallet Racking, Double Deep Pallet Racking, Slotted Angle Shelving, Long Span Shelving, Multi-Tier Shelving, Cantilever Racking, Mezzanine Floor, Cage Pallet, Flat Pallet, and Library Product.
91GF Score

Get the complete analysis for BOM:543937

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹147.00
Price
₹178.13
GF Value